SCIT Corporation tax – late filing of company tax returns – penalty provisions – transitional provisions – whether fixed penalty under Schedule 18, paragraph 17 to the Finance Act 1998 for a third late filing of a company tax return should be the higher penalty of andpound;1000 where one or more of the previous late filings was penalised under section 94 of the Finance Act Taxes Management Act 1970 and not under paragraph 17 – yes.
Citations:
[2003] UKSC SPC00391
Links:
Corporation Tax
Updated: 10 June 2022; Ref: scu.195443
